To make the devils advocate
Low barrier of entry and even lower cap of profits. Even if someone is a top witness, top author and has a dhf proposal passed maybe they can make at current prices what? 150 USD ? The diminishing user base suggests this number will only continue to go down.
On the other hand there are plenty of YouTubers making ten times that with much less effort. And overall, I bet there are way more monetized YouTube users than the current user number of hive. So, in a way even the main argument of "lower entry" for hive is problematic.
Point is 99.9% of youtube content creators will never reach the milestone of becoming monetized as it keeps getting bigger and bigger. They prefer this because they can place ads on non-monetized users to 100% profit off of your activity and to make up hosting costs. Same with twitter, first everyone could make money, then okay but only if you buy premium, then okay, but you need 5m impressions per 3 months, then ok but you need 500 premium users who follow you, etc, etc, they'll just keep pushing the post further and further both to prevent abuse and to keep 99.9% in the unmonetized.
Compare that to hive where even shitposts like this one and most of your existence can earn something and decide if they wanna stay invested or not instead of always being the product.
Yes I understand that, hence why I chose the word "problematic" since even that 0.1 % of youtube is still (much) bigger than the entire user base of hive.
This is the number given by Gemini, considering both are google products I guess the number is legit.
Another angle to add is that we get more average Joes here on hive. Well, Mr beast and a good chunk of big YouTube channels started like that.
Average Joes. So again, big social media are winning at that.
Myeah, that's quite vague however as you can technically get monetized after reaching 5000 watch hours within a year and some subscriber threshold, but for $5-100 per year considering the investment it takes to get monetized from scratch doesn't mean much for majority of those 3m I reckon.
Fair enough. Just pointing out that when looking at hard numbers points can be made for both.
for sure, i mentioned it's hard to compare hive with most socials these days, at least the ones with millions of users cause we've never really experienced it. But we've both been around when there was hype and steemit was sweating trying to accept applications for new users cause everyone wanted in and due to some crazy hbd and hive pump in 2018 or whenever we saw authors on here easily make 20-40k per week for a short while.
The tech is there, it scales and it allows for it. How we use it and how it develops compared to traditional monetization which is mainly ads depends on us. I'd much prefer this version even if it's quite a long shot cause at the end of the day at least I know no one will take my voice away from me.
for sure, i mentioned it's hard to compare hive with most socials these days, at least the ones with millions of users cause we've never really experienced it. But we've both been around when there was hype and steemit was sweating trying to accept applications for new users cause everyone wanted in and due to some crazy hbd and hive pump in 2018 or whenever we saw authors on here easily make 20-40k per week for a short while.
The tech is there, it scales and it allows for it. How we use it and how it develops compared to traditional monetization which is mainly ads depends on us. I'd much prefer this version even if it's quite a long shot cause at the end of the day at least I know no one will take my voice away from me.